Blockchain’s purpose is to store and transfer information. Blockchain makes data transactions available publicly, easily accessable and immutable. Blockchain can solve tons of issues of modern industries, which hugely depend on continuous exchange of information (i.e. IT, finance, logistics, etc.).

Nowadays we are in the very early stage of development of blockchain technology. It can be compared to internet in early 2000s. Nobody could predict back then how far the industry would grow. With time internet became one of the most important parts of our life, and now we can safely assess almost all the world’s major internet companies. Just look at the market cap of Amazon, Facebook, Google, etc., and you’ll get the answer.

But how can you estimate the value of all blockchain platforms? The most simple and obvious answer is via total cryptocurrency market capitalization. Needless to say how extremely volatile is cryptocurrency market at its early stage, making it hard to provide insightful info of the real worth of the technology.

The purpose of this article is to look into the future and speculate on the potential value of cryptocurrency market once it matures, in other words, make a prediction of how big the demand for blockchain technology will be in, say, 5-10 years.

Power Ledger announced a partnership with Helpanswers, which will be focus on hundreds of potential projects in US renewable energy markets. Australia based energy startup Power Ledger develops a platform for peer-to-peer energy trading. US based Helpanswers is a non-profit organization, facilitating adoption of smart grid and advanced smart energy systems to improve the efficiency and resilience … Read More about Power Ledger and Helpanswers will improve efficiency of US renewable energy markets

Primary Sidebar

Newsletter

Sign up to receive news about cryptocurrencies and blockchain technologies